• Scenario 1: Gold increases to $3,371 then decreases below $3,366, then watch for a pullback around $3,366 Short with STP 8 prices. The price target is extended to $3,347 - $3,316 • Scenario 2: Similar, but the price increases to around $3,383 (upper limit) then decreases below $3,377, then watch for Short following the pullback at $3,377. STP 8 prices. Target is similar to above • The recovery is expected to appear when the Asian session officially opens - after 8:30. In case the price in Asia decreases again and loses the $3,333 mark, it will be considered a decrease from here!
roughly the price is increasing now, if it doesn't increase then consider gold as dust. If the price is 3383 then short it directly!!
I updated Gold before Basically, the price is still struggling in the sw range!! The current price candle is a hammer with a beard showing that the price is likely to continue to respect this sideway range. The short point will be considered around 71 as the nearest. If it is 83, then short it like hell!! It was so hot yesterday and now.
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